What are your opinions on cryptocurrency projects having mobile phones?

[B.Otasowie]

I discovered the Solana phone around mid-last year and learned that it provides access to airdrops and various other features. However, my primary interest was the airdrops.

Recently, I came across Jambo. According to their website, Jambo is building the world's largest on-chain mobile network, powered by the JamboPhone, which they claim is the most powerful crypto-native mobile device.

Jambo has been conducting airdrops, and acquiring the phone is one way to participate. However, the airdrop phase has ended, and they are approaching a listing. Some exchanges already have pre-market and LaunchX offerings for the project.

I am curious to hear your thoughts on the long-term future of this project. Specifically, do you think projects that incorporate mobile devices represent a viable long-term investment?

[hugeblack]

I think that these projects are a development of phone ​​mining idea, which did not achieve great success in the past, so I do not think that it will cause a change or spread in the future.
https://www.jambo.technology/ contains a lot of links that do not work and they also promote buying a phone to use the network, which is something most investors will not do.

[B.Otasowie]

I think that these projects are a development of phone ​​mining idea, which did not achieve great success in the past, so I do not think that it will cause a change or spread in the future.
https://www.jambo.technology/ [nofollow] contains a lot of links that do not work and they also promote buying a phone to use the network, which is something most investors will not do.

That is true, but can I invest in the project for quick gains? I am considering this because of the stage we are now in the market.

[hugeblack]

That is true, but can I invest in the project for quick gains? I am considering this because of the stage we are now in the market.

No, it will be the fastest way to lose your money, you will not invest it but give it to these scammers.
buy BItcoin or top 10 altcoins

[albon]

That is true, but can I invest in the project for quick gains? I am considering this because of the stage we are now in the market.

Absolutely not, There are many top altcoins in crypto like bitcoin and your investment will be risk free and profitable. I think investing in these projects will be risky so losing money is foolish. Also you can buy higher altcoins and hold for sometime then you will get good profit at right time. Investing involves risk but your proper research can protect your investment from risk.

[Sim_card]

I think that these projects are a development of phone ​​mining idea, which did not achieve great success in the past, so I do not think that it will cause a change or spread in the future.
https://www.jambo.technology/ contains a lot of links that do not work and they also promote buying a phone to use the network, which is something most investors will not do.

That is true, but can I invest in the project for quick gains? I am considering this because of the stage we are now in the market.

Don't be decieved of making quick gains because making profit in the cryptospace through such projects might end up being the opposite. Airdrops and investing in shitcoin is gambling and you will be disappointed in them because you most of them are out there to scam you. I will not buy a phone because of airdrops.

[Freemind]

Those mobile devices, with the promise of receiving airdrops from future projects, have always seemed like a waste of time and money to me. These devices don't do anything that others don't do, since they are nothing more than a preconfigured Android and little else, so the only "incentive" should be airdrops. I don't know the number of airdrops that users of these devices receive, but something tells me that they are not worth much.

With the $500 the device costs, I would do more interesting and lucrative things than buying an Android phone that I could have for just over $100. Since the hardware is not something that is superior to cheaper options and other more interesting features in my opinion.

[libert19]

Never used one. But, I know few who did bought them, they also bought these to receive airdrops.

Regarding Jambo, site looks mediocre to me. Also, they seem to have too many backers, you might want to confirm with backers themselves that they are indeed affiliated with Jambo.

[B.Otasowie]

I think that these projects are a development of phone ​​mining idea, which did not achieve great success in the past, so I do not think that it will cause a change or spread in the future.
https://www.jambo.technology/ [nofollow] contains a lot of links that do not work and they also promote buying a phone to use the network, which is something most investors will not do.

That is true, but can I invest in the project for quick gains? I am considering this because of the stage we are now in the market.

This is after I have done my research obviously

[TomPluz]

Specifically, do you think projects that incorporate mobile devices represent a viable long-term investment?

Personally, I find this a very good idea for the sponsoring project to build a stronger community of supporters as I am sure that the phone is very much connected to the project. Though I am not inclined to buy one...and many other big crypto platforms will not be adopting the same as they are doing fine even without their own branded and exclusive phone attached to their names. In the end, this phone can make someone really feel belonging to the elite circle of the project's supporters and I am sure there must be immense benefits exclusive to the phone buyers, otherwise it can just be another waste of money. Should we expect like a Binance phone coming soon? Or maybe a new platform to come out name $PHONE?

[Isicrypt202]

I think that these projects are a development of phone ​​mining idea, which did not achieve great success in the past, so I do not think that it will cause a change or spread in the future.
https://www.jambo.technology/ contains a lot of links that do not work and they also promote buying a phone to use the network, which is something most investors will not do.

The thing is personally i think jambo feels different from those older phone mining projects, It’s not just about the phone, it’s about the ecosystem they’re building around it. They’ve got a multi-chain wallet, a dApp store, and they’re exploring things like satellite connectivity, which is huge for regions with poor internet access.

Plus, I looked into the Bitget PoolX event where you can lock $J and earn over 7000% APR, that’s no joke. It gives the token real utility beyond just holding or using the phone. Honestly, I think they’re onto something here, especially with how they’re targeting real-world adoption.

[Findingnemo]

Mobile phones are not suitable for mining so any blockchain based on mobile OS is going to fail sooner or later and investing on a project that has no potential real world use case is just a big gamble, you can make quick bucks or get liquidated which you can find out only after it reaches the public sale. I won't take that risk but everyone has different way of approach.

[Z-tight]

I will not go near any of such projects, i would also not waste my time mining shitcoins, so i will very well pass this one. I know there are people who take interest in projects like this and their airdrops, most of them just end up wasting their time and losing their money.

[Faisal2202]

I am curious to hear your thoughts on the long-term future of this project. Specifically, do you think projects that incorporate mobile devices represent a viable long-term investment?

SO jambo phone making company already have sold a huge number of phones and they will introduce their token, this is really great and I think it is totally new and nothing like this has happened before. If I am right then making early predictions is risky because it depends on the demand of that phone.

They are talking about some satellite projects. If I get it right, this phone is available in Nigeria mostly, and to provide an easy network, this phone has some satellite program ongoing, and maybe those who will use it can make more rewards. But if only the phone owner can participate in the airdrop, then that means the owners are going to make huge profits. Because the number of participants is lower. NFA.